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Eskom announced on Friday that it had extended an eleventh-hour 62c/kWh tariff offer to ferrochrome producers Glencore‑Merafe Chrome Venture and Samancor, but indicated that negotiations on the...
During a post-Budget briefing on February 27, financial services firm PSG group chief economist Johann Els and PSG policy and regulatory affairs head Ronald King said that, while South Africa faces...
Agriculture Minister John Steenhuisen has confirmed that the one-million doses of foot and mouth disease (FMD) vaccine received in the country last Saturday have been distributed to outbreak...
South African Reserve Bank governor Lesetja Kganyago says the spin-offs from the policy decision to lower the inflation target have “exceeded our most optimistic expectations”. On November 12,...
South Africa’s steel industry remains vulnerable to global market distortions, especially with the continued flow of low-priced Chinese imports, says trade credit insurer Coface Africa economist...
South Africa and the broader African continent hold vast critical minerals essential to the global clean energy transition, yet the challenge remains turning this potential into tangible economic...
Lesotho is one of the African countries most exposed to the deleterious effects of climate change. So pointed out Malintle Kheleli of Greening Women Enterprises, which is the flagship initiative of...
South Africa's Finance Minister Enoch Godongwana said on Thursday that meeting fiscal targets alone was insufficient to draw investment into Africa's biggest economy, stressing the need for higher...
South Africa’s latest budget painted an encouraging picture of improving public finances, according to Moody’s Ratings, while cautioning that “meaningful” debt reduction will require stronger...
The South African rand was steady in early trade on Thursday as investors digested the annual budget, which analysts said underscored the government's commitment to restoring fiscal sustainability....
Engineering News editor Terence Creamer discusses the big themes in the 2026 Budget, delivered by Finance Minister Enoch Godongwana on February 25, as well as what the Budget means for business and...
Finance Minister Enoch Godongwana announced during his 2026 Budget speech on February 25 that a R20-billion tax increase that was previously earmarked for the 2026 Budget has been withdrawn and...
The agriculture and rural development sector has been allocated R39.5-billion of dedicated government spending in 2026/27, as part of National Treasury’s R283-billion economic development budget...
Amid growing dissatisfaction with the performance of many of the country’s 257 municipalities, 162 of which are categorised as being in financial distress, the National Treasury has outlined what...
Accelerating infrastructure investment emerged as a central theme of the 2026 Budget, which Finance Minister Enoch Godongwana characterised as representing a “turning point” for both debt...
South Africa's rand was firmer in early trade on Wednesday, ahead of the 2026 national budget speech to be delivered by the finance minister later in the day. At 0615 GMT, the rand traded at...
South African security technology manufacturer Centurion Systems has recently reclaimed production lines from overseas to boost local job opportunities and meet growing demand. Darren Parker tells...
While small- and medium-sized enterprises (SMEs) contribute up to 40% of GDP and account for about 60% of employment in South Africa, significant capital allocated to SME funding remains...
Only 4% of women across the world live in economies that provide nearly full legal equality, and this is keeping economies from reaching their full potential to grow and create jobs, says a new...
The Department of Agriculture (DoA) presented an update on the status of Foot-and-Mouth Disease (FMD) in the country to the Portfolio Committee on Agriculture, noting that the number of outbreaks...
The US imposed an additional tariff from Tuesday of 10% on all goods not covered by exemptions, a notice issued by US Customs and Border Protection said, the rate initially announced by President...
African governments will lean more on multilateral lenders and reform momentum in 2026 even as debt distress risks remain elevated across the continent, S&P Global Ratings' head of national ratings...
Transalloys, which produces manganese ferroalloys at a smelter complex in Mpumalanga, has again warned that its operations are at risk of closure should the electricity tariff relief granted and...
Bearish options bets on the rand are at the highest in almost three years as traders start to question whether the South African currency’s headlong rally has further to run. So-called risk...
South Africa’s finance minister is unlikely to formally adopt a fiscal anchor in this week’s budget, opting to wait until at least October to introduce the rule aimed at curbing public debt,...
Energy and chemicals group Sasol is aiming to begin ramping up internal coal production and reducing external coal purchases after its destoning plant reached beneficial operation in December. CEO...
The Special Investigating Unit (SIU) acting head Leonard Lekgetho has called on the Department of Home Affairs (DHA) to consider vetting of all its employees as well as strengthening vetting...
Finance Minister Enoch Godongwana will present the 2026 budget bill to lawmakers on Wednesday. Investors in Africa's economic powerhouse are watching closely to see whether the Treasury can keep...
The Budget to be delivered by Finance Minister Enoch Gondongwana on February 25 must build on the reform gains South Africa has made and provide strong support to drive and accelerate reforms while...
The South African rand gained in early trade on Monday as investors turned their attention towards the 2026 national budget, to be tabled later this week, amid what analysts described as a...
South Africa’s biggest lenders raised $322-million in new loss-absorbing debt to comply with a central bank framework designed to ensure failing financial institutions can be recapitalised without...
The Department of Trade, Industry and Competition (dtic), together with other organs of State, will support all lawful efforts aimed at finding a viable and durable resolution to stabilising and...
The South African rand was flat in early trade on Friday as a stronger US dollar continues to dominate trading, with investors also focused on upcoming US inflation data for clearer signals on the...
Engineering News editor Terence Creamer talks about the recent attention being given to South Africa’s economic reforms.
Liquefied petroleum gas (LPG) could play a significant role in improving energy access, resilience and economic participation across Africa, particularly in regions where grid-based electricity...
The South African electricity supply industry is at a pivotal point, and the partial unbundling of State-owned power utility Eskom remains a key hurdle to boosting investor confidence, highlights...
South Africa has made significant strides in establishing a clear electricity regulatory framework, but implementation threatens to undermine its impact, highlights law firm Sitef & Co director...
Amid the technological ‘tsunami’ in renewable power technologies under way, African energy regulators need to have rules that are market friendly and that encourage competition, highlights...
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